Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
”Perhaps that's why you (@hank) sold?”
I never held a huge slug. It was always in the Traditional IRA. After it closed, the thought of converting a single share into a Roth occurred to me, but I never followed through. I owned DODBX directly in t…
Thanks for the thoughts @fundly. It’s all IRA money. So taxes are little concern. Reaching for yield in the Traditional IRA is an easy choice because I rarely do any trading in it. That’s where I currently have NEAR. But “cash” in the larger (a…
@msf offered this perspective in another thread:
“PRWCX is having one of its poorest performances relative to peers, all the way "down" to the 22nd percentile. Typically growth leaning, it has moved solidly into blend (37% of portfolio is LCBl) sug…
From this weekend’s WSJ
Investors continue to pile into ETFs at record pace
(If you’re not into sports betting at DraftKings, these products are the next best thing.)
FD said, ”I never believed in B&H for decades, the markets keep changing, and sometimes it's for years.”
Somewhat agree. Every 3-5 years I’ve found it prudent to alter the overall mix - even though it is intended as long-term B&H. An exam…
IAF (Australian Equity Market Index CEF) is up 8+% past month. I bought a bit (2% of portfolio) at an opportune time back in mid-March. What I like is it’s about as far away from Washington DC as you can get. :)
Keeping it for the long haul. (n…
FXE (Euro) +10.27% YTD (vs Dollar)
FXF (Swiss Franc) +10.47% YTD (vs Dollar)
Depends on how much, if any, your fund hedges back to the Dollar. But to varying degrees the outperformance this year in European funds is reflective of a weakening Dol…
”The main concern with doing simple (straight line) extrapolations is that they assume nothing will change.”
Yes. Could have worded my comment better. And nothing ”run of the mill” about the pretty good funds I listed.
”projecting out what that …
Hasn’t been as bad a year as the headlines and talking heads on Bloomberg, etc. might lead one to believe. I posted elsewhere that both DODWX and DODFX are up double digit year to date. So is GLFOX which invests in infrastructure, mostly in Europe…
too subtle i guess.
Yeah. That’s one word for it.
It might make me feel better to fling mud at the other side and enumerate all their shortcomings. But it doesn’t do a damn bit of good for my financial bottom line. Investing is about growing weal…
“i don't disagree with gop of 2011 regarding most recent credit downgrade, in particular "...has destroyed the credit rating of the United States through his failed economic policies...".
Yes - One man in just 4 months in office has completely de…
Thanks @Old_Joe - I have no objection to others discussing the related politics. Since I’d earlier posted in another thread that I wasn’t blaming Trump, just wanted to be clear why I said that.
“not blaming trump?”
I posted earlier in regard to how the downgrade may affect mutual funds I might own or be thinking of buying. I don’t do politics - at least on public forums. I hope there’s still room on the board for people like myself who…
Thanks @msf.
Yesterday, having raises my cash level recently, I moved about 50% of it into NEAR. I realize that’s not the same as cash, but willing to go out a little farther on the curve for my purposes. It’s in the Traditional IRA. Most of my tr…
This inflation issue has been tossed around (flogged to death) repeatedly here and at FA and everywhere else over the years.
Some believe the govt. numbers adequately reflect inflation. Many dispute them. There are many variables that enter in.…
”Many institutions have (or had) a rule that they could only invest in securities rated AAA by at least two of the big three NRSROs.”
- What AAA options still exist for these money managers? Some other foreign countries? Some large corporations? …
Nothing significant on last direct deposit May 14. Of curiosity, the bank robo was still depicting the transfer as “pending” on the due date rather than deposited as in the past. However, 100% was available to me. I wondered at the time if I’d per…
The airline industry is hardly recognizable today compared to the 70s. Eastern, Republic (later U.S. Air), Northwest were all big in Detroit. Never flew TWA or PanAm but both were also very big in the day.
Rental cars were a scam however. Up…
Both of you are correct @Yogi &@catch22. Too many “balls in motion” to get an accurate read. But I was surprised (not comforted) that the amount remaining in my IRAs today, after appreciation of course, (in theory) should “buy” more goods…
“ … the only investment site I’ve seen where political posts—by a huge margin from one side of the aisle—have hijacked the conversation and driven incivility to the forefront.”
@FD1000 - I just counted the threads directly under this one and …
Results of the 2 calculators seem pretty close. Thanks Catch. Were I to believe this nonsense, my accrued savings / investments are worth more in buying power today than when I retired 25+ years ago, despite generous withdrawals for all sorts of thi…
Along a different vein, ISTM that when it comes to “funds of funds” M* reports the fees differently for CEFs than for ETFs or OEFs. FOF, a CEF that invests in other CEFs has only a 0.95% ER at M*. That very unlikely does not include the fees of …
And the knowledge gained in all things financial over the years has allowed us to award our own degrees in 'economics' to ourselves. :) We've been able to share and pass along the knowledge. Compound, compound, compound !!!
Yes. I’ve learned so muc…
Bunch of stuff today.
Moved 3rd and final 5-figure slug this summer into cash for ongoing home infrastructure project. Would have preferred to use home equity - but not at current rates. (Funds are held under Roth IRA umbrella until actually spen…
Nice chart @bee / Pretty bubbles. I didn’t realize Franklin is so high. Must be their legacy OEFs. Their etfs are quite reasonable. One good one I’ve held before is LVHI which continues to ”shoot the lights out.” I track it expecting it to falter - …
Thanks @Mark / @msf
CEF Connect did the job (provided the fund existed in ‘08). Losses appear in line with how growth stock OEFs performed. The worst one of what I hold, UTF, lost 57% in ‘08. I’ll probably sell that one. Two I plan to add are FM…
Thanks @yogibearbull. Nuveen’s “CEF Connect” site does display not only the chart view but also the actual gain / loss for NAV and price in table form. 20 years appears to be the max allowed. I just needed to dig deeper. . M*’s chart wouldn’t wo…
Very interesting. Wouldn’t AI be best for this? Could tell you what to do in real time faster than any human. Probably cheaper to administer too.
Maybe folks that use robos would share their success stories. I’ve never used one. Wish @MikeM wou…
Interesting. Thanks @Yogi. It’s the difference between NAV and market price that makes CEFs intriguing. I like that they don’t always trade in sync with the underlying assets. Sabra is intent on destroying these entities and converting them into…
Well stated @a2z
Gambling is a bad habit and very addictive. Over time I’ve gotten reasonably good at keeping myself on a short leash in that and several other respects. :)
As far as sitting tight on savings … when I replace a window in my home i…
” Bear markets do not go straight down. They are punctuated with ‘rip-your-face-off’ rallies based on big headlines, extreme investor sentiment, and experience that buying the dip usually pays off."
Absolutely correct. Thanks for posting. I’m gla…
That article is from 1/24/2025. (Wall Street underestimating)
Good catch. My goof. However I listened to Ives last evening on Bloomberg repeating the same belief. comment. If I can dig up a more timely citation I’ll revise my original comment. Than…
Dan Ives (Webush Securities) remains bullish on tech.
In summary:
- in January 2025 Ives forecast a 25% gain for tech stocks in the year.
- In late March / early April he turned bearish calling Trump’s tariff war a “disaster” for the sector.
…
S&P tops key technical level - From Barron’s May 14
”Bulls should also be celebrating the S&P 500’s move above its 200-day moving average, an important technical milestone, on Monday.”
“Adam Turnquist, chief technical strategist for LPL F…
